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August 26th, 2010

Deposits pages now live on HSH.com



For a while now, plenty of our visitors have been asking us if HSH.com has CD rates available. We’re pleased to announce that HSH.com now has three new pages on our website dedicated to certificates of deposit (CDs), money market accounts and high-yield savings accounts.


CDs offer a fixed interest yield in exchange for a commitment to keep your deposits in the bank for a set period, known as a term. You can find a wide range in CD terms, from as little as one month to as long as five years or more. CDs are a safe investment choice because deposits held with FDIC member banks will be covered by FDIC deposit insurance of $250,000 per individual per institution. You can now visit HSH.com to find and compare the CD rates.

Money Market Accounts

A money market account typically requires a higher minimum balance than a traditional savings account to open the account and/or to avoid maintenance fees. In addition, there may be some restrictions on the number of transactions you can perform each month for free. The upside is that money market rates are, on average, higher than savings account rates.

Unlike its commonly confused cousin, the money market fund, a money market account is covered by FDIC insurance at member banks. Money market accounts are therefore a safe place to keep balances up to the FDIC limits.

High-yield savings accounts

Even seemingly small differences in savings account interest rates add up over time through compounding. No matter if you want your savings account for retirement funds, home ownership funds or just extra cash, it pays to compare the savings rates on HSH.com and open a new account with a market leader.

Where can I find these pages?

Finding these new pages on HSH.com is easy. Simply hover over the “Compare Rates” tab at the top-left of our website, and in the drop-down menu and you will find these three new pages under the “Bank Rates” section.

Readers: We want to hear your feedback on these new pages — have any suggestions on ways we can improve these pages? Let us know!

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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